Community Call

Crypto market dynamics: Ethereum holds the 3000 USD threshold, Bitcoin's 115,000 USD support faces a test. Market Overview The $3.1 billion renovation costs at the Federal Reserve headquarters have sparked controversy, with Trump personally going to apply pressure and call for interest rate cuts. Although the idea of firing Powell has been temporarily shelved, White House officials and Republican lawmakers are still using this as a reason to attack Powell's credibility in an attempt to influence interest rate policy. Analysts believe this is an unconventional public relations tactic aimed at both pushing for rate cuts and possibly diverting public attention from other controversies. However, the current financial environment in the U.S. is actually quite loose, which contradicts Trump's demand for significant rate cuts. Economic indicators show that the financial conditions in the U.S. are in an extremely loose state: the Chicago Fed's broad financial conditions index has hit a three-year low, major stock indices continue to refresh historical highs, the size of money market funds has reached $7.1 trillion, and household deposits remain at $4.46 trillion.

Buybacks often reflect how successful a protocol really is If you want to find the real gems, don’t just look at volume. Look at buybacks relative to market cap deBridge bought back 3% of DBR’s market cap since July alone

Euler Finance was attacked by hackers, resulting in losses of approximately $200 million, affecting multiple Decentralized Finance projects, including Angle Protocol, Balancer, and Idle Finance. Each project has collaborated with Euler in different ways, with varying amounts of losses, and some projects will take compensation measures. This incident highlights the risks brought by the composability of DeFi.

Decentralized stablecoins face centralization risks, and the current market pattern dominated by USDT and USDC has not yet been broken. Although the potential of decentralized stablecoins is enormous, they are still in the early stages of development and have not yet formed a monopoly advantage. Future development is worth following and looking forward to.

These past few days, the tokens of the platform #Jup# @jup_studio and the platform #Base# @clankeronbase have risen crazily, and the traffic is now rotating~ Jup_studio #URANUS# #NEMA# #ALWAYS# Base #Clanker# #DBR# #BNKR#